Our Family Helps Protect Your Family’s Future And Legacy
When parents believe that their children will not use their inheritance in a proper manner, it may be appropriate to set up a trust. The trust can contain language that restricts how or when money or other assets inside of it can be distributed. It may be administered...
A Nevada resident might find it appropriate to keep end-of-life matters in the family, and an appointed executor under a will in such a case could be one of the heirs as well. In such a situation, an executor can be in a delicate position because of the interest in...
Due to some changes in federal estate tax laws, Nevada residents and others across the nation have been left wondering whether they should change their estate plan. Determining whether or not to make a change to a trust, for example, depends on when the current trust...
Nevada fans of singer Prince might have heard that he died without a valid estate plan, but if so, he is not the only celebrity to do so. Michael Jackson's family did not find his will until several years had passed. Among other complications, the IRS argues that his...
Nevada residents who have assets such as insurance policies and retirement accounts likely filled out a beneficiary designation form when those assets were acquired. In many cases it will be the spouse who will be named, but other individuals can be beneficiaries as...
Nevada residents who pass away without valid wills are considered to have died intestate, which can create serious difficulties for surviving family members. To protect one's estate from loss through this situation, a sound estate plan is advisable. However, writing...
Prince's death on April 21 took many people in Nevada and elsewhere by surprise. In addition to the grief and mourning that followed, questions arose regarding who would inherit his estimated $300 million estate. It is unclear if the musician had an updated will,...
The creation of a trust can give Nevada residents more control over what happens to their property upon then death or if they become mentally incapacitated. However, any changes to the trust must be done in a formal manner similar to how the trust itself is created....
It is not uncommon for Nevada parents to want to leave disproportionate shares of their estates to some of their children while leaving less to others. This may be because a parent has a closer relationship with one child and a strained relationship with another. It...
Finances are often a delicate subject for many people in Nevada, but monetary issues combined with the loss of a parent can create new hassles. Parents prepare estate plans to make their wishes known and to hopefully make the process easier for loved ones, but they...
